Global Ferronickel Holdings, Inc. (PSE:FNI)

PSE:FNI Income Statement

Financials in millions PHP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	8,250	7,309	8,448	6,485	7,423	6,998
Revenue Growth (YoY)	10.89%	-13.48%	30.28%	-12.64%	6.06%	9.18%
Cost of Revenue	4,287	4,592	4,144	2,986	3,076	3,075
Gross Profit	3,963	2,718	4,304	3,498	4,347	3,924
Selling, General & Admin	1,720	1,755	1,497	1,520	1,153	1,211
Other Operating Expenses	19.12	19.07	17.54	11.23	8.17	8.17
Operating Expenses	1,739	1,774	1,514	1,532	1,161	1,219
Operating Income	2,224	943.93	2,790	1,967	3,186	2,705
Interest Expense	-147.53	-186.52	-253.89	-145.47	-50.07	-42.18
Interest & Investment Income	11.73	14.9	31.2	9.7	2.4	3.7
Earnings From Equity Investments	299.97	296.57	158.92	219.48	-93.54	35.75
Currency Exchange Gain (Loss)	-98.23	-92.23	-111.07	-75.2	39.58	-43.98
Other Non Operating Income (Expenses)	-42.77	0.5	12.38	0.21	-591.33	-4.93
EBT Excluding Unusual Items	2,247	977.15	2,627	1,976	2,493	2,653
Gain (Loss) on Sale of Assets	51.99	51.78	0	0.43	-	-0.15
Legal Settlements	-	-	-	681.82	-	-
Other Unusual Items	-	-	-	35.02	202.6	-
Pretax Income	2,279	1,029	2,627	2,693	2,696	2,653
Income Tax Expense	521.3	295.15	814.23	537.72	588.82	787.66
Earnings From Continuing Operations	1,758	733.78	1,813	2,155	2,107	1,865
Minority Interest in Earnings	9.83	10.11	-269	-233.75	-0.41	2.17
Net Income	1,768	743.9	1,544	1,921	2,106	1,868
Net Income to Common	1,768	743.9	1,544	1,921	2,106	1,868
Net Income Growth	257.66%	-51.82%	-19.63%	-8.79%	12.79%	42.81%
Shares Outstanding (Basic)	5,125	5,125	5,109	5,200	5,230	5,466
Shares Outstanding (Diluted)	5,125	5,125	5,109	5,200	5,230	5,466
Shares Change (YoY)	0.51%	0.32%	-1.75%	-0.58%	-4.32%	-0.84%
EPS (Basic)	0.34	0.15	0.30	0.37	0.40	0.34
EPS (Diluted)	0.34	0.15	0.30	0.37	0.40	0.34
EPS Growth	255.75%	-51.98%	-18.20%	-8.25%	17.88%	44.01%
Free Cash Flow	-297.86	4.75	3,026	838.5	2,051	1,952
Free Cash Flow Per Share	-0.06	0.00	0.59	0.16	0.39	0.36
Dividend Per Share	-	-	-	0.100	0.200	0.100
Dividend Growth	-	-	-	-50.00%	100.00%	-
Gross Margin	48.03%	37.18%	50.95%	53.95%	58.56%	56.06%
Operating Margin	26.95%	12.91%	33.02%	30.33%	42.92%	38.65%
Profit Margin	21.43%	10.18%	18.28%	29.63%	28.38%	26.68%
Free Cash Flow Margin	-3.61%	0.07%	35.82%	12.93%	27.63%	27.90%
EBITDA	2,897	1,614	3,425	2,484	3,556	3,054
EBITDA Margin	35.12%	22.08%	40.55%	38.30%	47.90%	43.63%
D&A For EBITDA	673.73	669.94	635.6	517.08	369.62	348.89
EBIT	2,224	943.93	2,790	1,967	3,186	2,705
EBIT Margin	26.95%	12.91%	33.02%	30.33%	42.92%	38.65%
Effective Tax Rate	22.87%	28.68%	30.99%	19.97%	21.84%	29.69%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.